Van Eck Launches Rare Earth/Strategic Metals ETF (REMX)
Van Eck Global has launched Market Vectors Rare Earth/Strategic Metals ETF (NYSE Arca: REMX), the first U.S.-listed exchange traded fund (ETF) which seeks to give investors pure play exposure to the equities of companies primarily engaged in the producing, refining, and recycling rare earth/strategic metals, it was announced today. Rare earth/strategic metals are industrial metals [...]
World Cup Could Tip Over Platinum Supply
The World Cup trophy isn’t made of platinum, but gold. However, the World Cup games are still expected to crimp the flowing supply of platinum. The World Cup, which will be held in South Africa, is expected to drain the country of much of its electrical power supply. South African mining operations, which produce much [...]
EG Shares Races to Bring Brazil to Market
Facing stiff competition from other fund sponsors, Emerging Global Shares brought its newest fund to market in just four months, hoping to quell interest from other fund issuers in emerging markets. The Brazil Infrastructure Index ETF (BRXX: News) builds on a general interest among investors in both emerging-market and infrastructure sector ETFs. The fund will [...]
Chinese Infrastructure Fund Builds on Timing
Emerging Global Shares could not have picked better timing with the release of its new China Infrastructure Fund (CHXX: News). Amidst stimulus efforts undertaken around the world, investors have been eying infrastructure names as sound investments in a shaky economic climate. The China Infrastructure Index ETF will invest in the 30 largest companies that center [...]
Chinese Sovereign Wealth Fund Overflowing with American ETFs
What is good enough for individual investors is apparently good enough for governments. A fresh look into China’s holdings has revealed a staggering $9.6 billion invested in US traded ETFs. Although most of the Chinese holdings are in pure indexing funds like the SPDR (SPY: Quote, Profile, Advanced Chart, News) and Powershares QQQ (QQQQ: Quote, [...]
Global X Ups the Ante in Metal Funds
Tapping into the current investment trends, Global X thinks there is room for a few more precious metal funds. The company has filed with the SEC to create four new funds, which will track companies involved in silver, gold, platinum and copper mining. The four new funds are: 1. Global X Copper Miners ETF 2. [...]
First Trust Files for Three Commodity and BICK Funds
First Trust has filed with the SEC to create three new funds – two commodities and one emerging market – that will seek to latch onto the growing market for the two asset classes. First Trust filed for the following three ETFs with the SEC: 1. First Trust BICK Index Fund 2. First Trust ISE [...]
China’s Economy Attracts Currency-Driven ETF Speculation
As the world economy weakens through nearly two years of recession, China’s stimulus driven economy is exploding in every direction. A growing export economy has exerted a tremendous impact on the boom, which has covered all sectors of the Chinese economy, including real estate. Chinese exports rose 17.7% year over year against 55.9% growth in [...]
Van Eck Proposes a Latin Twist to Small Cap ETFs
Following the trend of niche ETF plays, including a Polish stock ETF and a small cap gold miners fund, Van Eck has filed to create a Latin America small cap fund. The fund follows another popular Van Eck product, the Market Vectors Brazil Small-Cap ETF (BRF: Quote, Profile, Advanced Chart, News), which ended the year [...]
Van Eck Hopes for Big Profits with New Tiny Miners ETF
Van Eck has announced the creation of a new MarketVectors branded ETF, which seeks to track the changes in price of small cap gold miners. The Market Vectors Junior Gold Miners ETF (GDXJ) follows the popular Market Vectors Gold Miners ETF (GDX: Quote, Profile, Advanced Chart, News), which tracks mid and large cap miners and [...]
